Fed cattle trade in the South was at $160 to $162 last week, steady
to $3 higher compared to the previous week. Live cattle trade in the
North was not established as of press time but the market tone was steady to
firm compared to the previous week. The beef complex was
lower last week but firmed at the end of the week as buyers stepped back into
the market.
Feeder cattle were $3 to $5 higher last week. Calves also found
support last week as they were steady to $6 higher. Cull cow prices were
steady last week.
Corn was stronger last week as an early week rally provided strength to
the corn market.
Check out today's Chart of the Day. For recent
market news and analysis, visit CattleFax.com.
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